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You are in the Prices Paid - Buying & Leasing Experiences
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Nissan Altima, Sedan
#2964 of 3455 New vs Used, Nissan Fianancing, and Packages
Apr 12, 2011 (6:14 am)
I'm going crazy with the analysis.
Our 1997 Maxima has about had it. The engine is still great, but things are FINALLY starting to fail on it...and it doesn't look that great. It's time for a new car, then. Or at least a new one to us.
Here's all of the inputs into the decision...
1. As you may have guessed, we drive cars until they are dead dead dead. We'll want this one to last 10 years. I have a GREAT mechanic, too.
2. Certainly the cost is very importanat. We finally got done paying off our 2006 Honda Odyssey, our first new car. We will have had zero car payments for 2 months before we get into this one.
3. Our credit scores are good - above 800.
4. Gas mileage is important, so we'd like a 4 cylinder.
5. Leather in important, due to the kids. I also think it tends to hold up much better over a long time vs fabric, and, since we plan on keeping the car for a long time, that may be important.
6. Audio. Hmm. Yeah, I really like the Bose system in the Maxima, but the Bose option adds another $1,000 to the price of a new car. Also, once you install a Bose, you're locked into it - it's totally proprietry. I can see getting the "stock" audio system and someday replacing it with a double DIN audio system with backup camera, etc.
We're in SE Wisconsin, and TrueCar says the "Best Price" around is $25,077 (not including the rebate) for an SL with stock audio, add on Bluetooth, and mats.
Certified Used 2009 SL's with around 30,000 miles are around...they're going for around $20,200 "Certified Dealer Retail", $19,112 Retail, $17,101 Private Party, and $15,037 Tradein via Edmunds pricing.
Nissan has the new car 0 percent financing, but they also have low interest on their certified used cars.... 1.99% for 48 months, 2.49% for 60. Buying a loaded used SL seems great until you compare it to the cost of NEW Altima S with Convenience - $22,679, according to TrueCar. Cloth seats, but still a nice little car...but without the gadgets we've grown accustomed to in our Maxima (in Wisconsin, the heated leather seats are AWESOME).
Where is my question? Let's start with this - what do you think regarding new "S" vs used SL?
Next, I don't understand pricing the used SL. Edmunds indicates the Dealer Certified, but I'm not paying that. Where do I start negotiating? The way I see it, they're getting the car for trade in value, putting maybe $500-$750 in it for the reconditioning and the silly limited warranty, and they want to make some profit in there. Should I start at trade-in value + $1,000 and go up, with a realistic deal price of somewhere between the private party price and dealer retail?
I don't think we can swing the new SL...that's a lot of coin.
Apr 16, 2011 (7:49 pm)
I am looking for an Altima 2.5S sedan with Convenience, Convenience Plus, SL, mudflaps, bluetooth,moonroof reflector, floor mats, trunk org/first aid.
I was quoted 950.00 down 349.00 month including tax...No other charges. Considering the some are saying do to hold ups up in Japan ,Nissan is not offering as good a special as in the past few months...is the above a decent deal?
I was told residual is 58% and money factor is .00109 Does anyone know if this is correct?
Thanks ahead of time.
#2966 of 3455 Nissan Altima 2.5S
Apr 26, 2011 (12:24 am)
I bought Nissam Altima 2.5S without adding any options for $19800+Taxes and fees. Made down payment of $2000 and 0% APR for Five years. Please let me know if I made the right choice as far as the price is concerned.
#2967 of 3455 first time buyer
May 04, 2011 (2:54 pm)
I am a first time buyer looking for Nissan Altima 2.5 s with Convenience, Convenience plus and 2.5 SL packages.
The price I am getting is $23,500 + Tax & TTL. It includes floor mats & splash guards.
Can someone tell me if this is a good price or not?
#2968 of 3455 Re: first time buyer [ninja15]
May 06, 2011 (11:17 am)
I got a quote for the exact same vehicle PLUS the Premium Audio package for $23,500 +TTL (this included a $1250 rebate though)
I never did buy the vehicle, just what I got quoted at.
#2969 of 3455 2008 SL with Premium Audio & Blue tooth
May 08, 2011 (1:55 pm)
I am looking at 2008 Altima SL (Certified) with Bose audio and Blue tooth with 49000 miles on it.
The dealer is quoting $17000 + TTL.
Is this a good price?
Please let me know.
#2970 of 3455 Re: 2008 SL with Premium Audio & Blue tooth [cheru1]
May 08, 2011 (8:49 pm)
It is my un-expert opinion that it seems a little too high, however hope you get other answers.
#2971 of 3455 Re: 2008 SL with Premium Audio & Blue tooth [skyfan1]
May 08, 2011 (9:40 pm)
Thanks skyfan1 for the reply.
What would be a good price for this car?
#2972 of 3455 Why not negotiating lease payment
May 14, 2011 (11:45 am)
Articles on the web always tell you not to negotiate lease payment but the price of the car.. here is my question.
I don't want to own the car and I don't want to put any money down.
I know how much I would like to spend every month... then Could someone explain to me why it is not a good idea to negotiate monthly leasing payment?
Thanks for your advice.
#2973 of 3455 Re: Why not negotiating lease payment [peppermolly]
by kyfdx HOST
May 14, 2011 (1:20 pm)
If you pay $300/mo. for your next Altima, is that a good deal? I mean, it's obviously better than $315/mo.... but, what if you found out that at that lease price, the dealer is making $4000 on the car, and could have easily leased it to you for $240/mo and still made money? Is $300/mo. still a good deal, then?
You have to find out what the car is selling for, lease or buy.... then do the calculations to get the lease payment.. Once you know that figure, then you can certainly negotiate that lease payment down, or even shop it with another dealer without bargaining the selling price all over again, provided you are comparing apples to apples... same car, same lease term, same mileage allowance, etc..
You have one part right, that some bargainers lose sight of... The lease payment is important.. A great selling price on a car that has a crappy lease program might still make for a crappy lease payment..